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Refining

Dresser-Rand, Statoil begin compressor R&D plan

Rotating equipment firm Dresser-Rand Group and refiner Statoil have launched a joint research and development project based on Dresser-Rand's integrated compression system (ICS).

Shell agrees to alliance, well manufacturing JV with China National Petroleum Co.

Shell and China National Petroleum Co. (CNPC) on Monday signed a global alliance agreement to emphasize a shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China, the companies said.

Honeywell ‘green’ jet fuel powers first-ever transatlantic biofuel flight

Honeywell said its green jet fuel successfully powered the first transatlantic biofuel flight, which landed over the weekend at the Paris-Le Bourget airport.

KBR, Shell to align on hydroprocessing technology

KBR and Shell have formed a new alliance in which KBR will market, sell and provide technology and design packages with Shell for hydroprocessing solutions worldwide.

Axens wins engineering deal for new Iraq refinery

South Refineries Co. (SRC), a subsidiary of the Iraq Ministry of Oil, awarded Axens the basic engineering design and license contracts for the construction of the new refinery in Maissan, southern Iraq.

Delek refinery in Arkansas returns to normal rates as pipeline resumes crude shipments

Delek US Holdings, a diversified energy company with assets in the petroleum refining, marketing and retail industries, said production levels had returned to normal rates at its refinery in El Dorado, Arkansas.

IEA sees increasing natgas use, warns of high oil prices curbing demand

Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s current gas exports – during the same time, according to the International Energy Agency’s (IEA) medium-term oil and gas market outlook.

ConocoPhillips to explore offshore Bangladesh

ConocoPhillips said it signed a production sharing contract (PSC) with the government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips’ first investment in the People’s Republic of Bangladesh.

Gevo, Redfield JV to retrofit US ethanol plant to isobutanol

Renewable chemicals and advanced biofuels firm Gevo has formed a joint venture with Redfield Energy to retrofit an existing ethanol plant in Redfield, S.D., into an isobutanol plant with an expected production capacity of 38mn gal/year.

Foster Wheeler wins engineering design deals for Preem refinery in Sweden

Foster Wheeler won a contract from Preem AB (Publ) Preemraff Lysekil (Preem) to perform the basic engineering design (BED) and front-end engineering design (FEED) for a 2013 turnaround at the Preemraff Lysekil oil refinery, located north of Gothenburg on the west coast of Sweden.